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Hemnet Group AB Adjusts Share Structure

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Hemnet Group AB Adjusts Share Structure

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Hemnet Group AB ( (SE:HEM) ) has issued an announcement.

Hemnet Group AB has announced a change in its number of shares and votes following the cancellation of 1,209,261 own shares and the issuance of 203,076 new shares through a warrant program. This adjustment results in a total of 95,565,564 shares, comprising 90,508,990 ordinary shares and 5,056,574 class A1 shares, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (SE:HEM) stock is a Hold with a SEK370.00 price target. To see the full list of analyst forecasts on Hemnet Group AB stock, see the SE:HEM Stock Forecast page.

More about Hemnet Group AB

Hemnet operates the leading property platform in Sweden, transforming from an industry initiative in 1998 to a key player in the housing market. The company offers a unique combination of products, insights, and inspiration, fostering lasting relationships with buyers, sellers, and agents. Hemnet’s vision is to enhance efficiency, transparency, and mobility in the housing market, and it is listed on Nasdaq Stockholm.

Average Trading Volume: 209,330

Current Market Cap: SEK29.47B

For an in-depth examination of HEM stock, go to TipRanks’ Stock Analysis page.

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